Cambridge Advisors Inc. Reduces Position in Union Pacific Corporation $UNP

Cambridge Advisors Inc. trimmed its position in Union Pacific Corporation (NYSE:UNP - Free Report) by 8.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,688 shares of the railroad operator's stock after selling 1,225 shares during the quarter. Union Pacific accounts for approximately 0.6% of Cambridge Advisors Inc.'s holdings, making the stock its 28th biggest holding. Cambridge Advisors Inc.'s holdings in Union Pacific were worth $2,919,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Highline Wealth Partners LLC increased its holdings in Union Pacific by 103.5% during the 1st quarter. Highline Wealth Partners LLC now owns 116 shares of the railroad operator's stock valued at $27,000 after purchasing an additional 59 shares during the period. CBIZ Investment Advisory Services LLC grew its position in shares of Union Pacific by 1,400.0% in the 1st quarter. CBIZ Investment Advisory Services LLC now owns 120 shares of the railroad operator's stock worth $28,000 after buying an additional 112 shares during the last quarter. Financial Gravity Asset Management Inc. purchased a new position in shares of Union Pacific during the first quarter valued at approximately $32,000. WPG Advisers LLC bought a new position in shares of Union Pacific during the first quarter valued at approximately $33,000. Finally, Cornerstone Planning Group LLC raised its holdings in shares of Union Pacific by 50.5% during the first quarter. Cornerstone Planning Group LLC now owns 167 shares of the railroad operator's stock valued at $37,000 after acquiring an additional 56 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Susquehanna reiterated a "positive" rating and issued a $272.00 price target (up previously from $257.00) on shares of Union Pacific in a report on Thursday. Wells Fargo & Company lifted their target price on shares of Union Pacific from $250.00 to $260.00 and gave the company an "overweight" rating in a research note on Friday, July 25th. Baird R W raised shares of Union Pacific to a "hold" rating in a research note on Tuesday, July 1st. Robert W. Baird started coverage on shares of Union Pacific in a report on Tuesday, July 1st. They issued a "neutral" rating and a $231.00 price objective for the company. Finally, Morgan Stanley cut their price objective on Union Pacific from $220.00 to $215.00 and set an "equal weight" rating on the stock in a research report on Monday, July 7th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $260.00.

Union Pacific Stock Up 0.7%

UNP stock opened at $232.01 on Friday. The business has a 50 day moving average of $222.52 and a 200 day moving average of $224.65. The firm has a market cap of $137.59 billion, a PE ratio of 20.16, a price-to-earnings-growth ratio of 2.40 and a beta of 1.03. Union Pacific Corporation has a twelve month low of $204.66 and a twelve month high of $256.84. The company has a quick ratio of 0.53, a current ratio of 0.65 and a debt-to-equity ratio of 1.86.

Union Pacific (NYSE:UNP - Get Free Report) last released its earnings results on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, topping the consensus estimate of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The business had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.09 billion. During the same period in the previous year, the company posted $2.74 earnings per share. The company's revenue for the quarter was up 2.4% compared to the same quarter last year. On average, research analysts forecast that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Friday, August 29th will be issued a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 2.4%. This is a boost from Union Pacific's previous quarterly dividend of $1.34. The ex-dividend date of this dividend is Friday, August 29th. Union Pacific's dividend payout ratio is presently 47.96%.

Union Pacific Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.